Market Overview - A-shares experienced a slight rebound with the Shanghai Composite Index up 0.15% and trading volume around 1.19 trillion yuan[17] - U.S. stocks fell due to concerns over escalating trade tensions, with the Dow Jones down 0.37% and the S&P 500 down 0.33%[10] - European stocks closed weakly, with the Stoxx 600 index down 0.68% amid fears of increased tariffs on imported cars[10] Commodity and Currency Trends - U.S. crude oil inventories decreased by 3.3 million barrels, pushing oil prices to a one-month high, with WTI at $69.92 per barrel[28] - Gold prices reached a new high, closing at $3,061 per ounce, as investors sought safe-haven assets amid economic uncertainty[28] - The U.S. dollar index fell slightly by 0.2% to 104.34, while the euro rebounded 0.44% to 1.08 against the dollar[27] Industrial Profit Data - China's industrial enterprises reported total profits of 9,109.9 billion yuan in January-February, a year-on-year decline of 0.3%, while revenue grew by 2.8% to 20.09 trillion yuan[7] - The profit margin decline was primarily due to lower profitability in upstream mining sectors, influenced by falling coal prices[7] Sector Performance - In the Hong Kong market, the Hang Seng Index rose by 0.41%, driven by strong performances in the biopharmaceutical sector, with stocks like Innovent Biologics up 17.4%[12] - The energy sector in the A-share market showed strength, with chemical stocks benefiting from improved downstream demand[17] Economic Indicators - The U.S. GDP growth for Q4 2024 was revised up to 2.4%, indicating a slight improvement in economic performance[7] - The IMF warned of a slowdown in global economic growth for 2025 but did not foresee an imminent recession[7]
环球市场动态：上游价格承压拖累内地工企利润增速回落
citic securities·2025-03-28 03:22